French dairy company Danone has entered into a binding agreement with fellow-French company Lactalis to sell Stonyfield, one of its US dairy subsidiaries, for a purchase price of $875m.
New research from Euromonitor shows continued economic and political instability in the world’s biggest economies is dramatically affecting the global performance of dairy, with what initially appears to be a 9% decline in retail value sales in 2015,...
Latin America, the Middle East and Africa are hot on the heels of the US and Europe in packaged cheese, and growth is set to stir up plenty of future M&A activity, says Euromonitor International.